File No. 5315/212.

The Acting Secretary of State to Minister Rockhill.

[Telegram.—Paraphrase.]

Mr. Wilson acknowledges telegram of June 1 and directs Mr. Rockhill to inform foreign office that in view of reports that British, French, and German financial groups have under consideration agreement with China to provide loan for portion Hankow-Szechuen Railway this Government on June 2 recalled to British Government original understanding between China, Great Britain, and United States, stating at the same time that United States had taken no action which could be construed as relinguishment of right of American capital to participate in this enterpriser

Wilson.